Insurance Regulation

Doctors Save $2.8 Million After Challenge to Malpractice Insurance Rate Hike

Los Angeles, CA – In response to Consumer Watchdog’s challenge to Medical Insurance Exchange of California’s (“MIEC”) proposed rate increase on doctors’ and medical providers’ medical malpractice insurance, MIEC...

Insurance Business America – Agents Fear Market Impact If California’s Insurers “Held To Ransom”

By Jen Frost, INSURANCE BUSINESS AMERICA October 25, 2022 https://www.insurancebusinessmag.com/us/news/breaking-news/agents-fear-market-impact-if-californias-insurers-held-to-ransom-424982.aspx Insurers are pulling back from California’s auto insurance market and have allegedly sought to become “invisible” as they struggle with a pandemic...

Insurance Commissioner Lara Gives Insurance Industry Money Back, But Questions Remain About Circumstances Of Influence-Peddling At Agency

Los Angeles, CA -- Consumer Watchdog said Insurance Commissioner Ricardo Lara’s decision to return over $54,000 in contributions from donors tied to a company seeking the Commissioner’s approval for...

Reneging on Campaign Pledge, California’s Elected Insurance Commissioner Accepts Insurance Contributions

Out-of-State Insurance Executive and Spouses Donate As Insurer Seeks Lara’s Approval of its Pending Acquisition Los Angeles, CA – Reversing a three decade tradition among elected Democrat California Insurance Commissioners –...

Appellate Court Holds Mercury Insurance Accountable for Phony Premium Overcharges

Los Angeles, CA -- A state Court of Appeal in Orange County has upheld $27 million in civil penalties imposed by former Insurance Commissioner Dave Jones against Mercury Insurance...

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